How Ballengee was paid
$1.1M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| James BallengeeCEO and Chairman | $1,000,000 | — | — | $76,923 | $1,076,923 |
| Tyler NelsonCFO | $450,000 | $100,000 | $450,000 | $512,603 | $1,512,603 |
| Russ SheltonCOO | $76,474 | — | $150,000 | $4,734 | $231,208 |
| Pat KnappExec VP, GC and Secretary | $188,461 | — | $250,000 | $5,797 | $444,254 |
What changed and why
- $1M$1,000,000 CEO salary was paid in shares, and CEO total compensation matched 2023 at $1,076,923.
- $450K$450,000 CFO salary accompanied $100,000 bonus and $450,000 stock awards.
- $150K$150,000 stock signing grant was awarded to COO Russ Shelton.
- $250K$250,000 stock signing grant was awarded to Executive Vice President Pat Knapp.
- $438K$437,839 of Tyler Nelson’s other compensation comprised payments toward accrued compensation or notes payable.
- $337K$337,000 was Shelton’s annual base salary under his employment agreement, despite 2024 salary of $76,474.
Other Vivakor proxy statements
- 2026 proxy statement
James Ballengee paid $1M (-7% on the year).
Filed Jun 08, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.